We examine the behavior of members of an industry-wide pension fund to assess both the prevalence of defaults and their impact on retirement savings. Our empirical investigations show that preferences, demographic characteristics and labor mobility matter greatly when it comes to the low active...

How do people save over their lifetime? Using a dynamic lifecycle model of saving and portfolio choice featuring risky labor income, housing, and safe and risky financial assets inside and outside pension plans with comprehensive choice architecture, we examine the behavior of members of an...

In this paper we use the two waves of the British Retirement Survey (1988/89 and 1994) to quantify the relationship between socio-economic status and health outcomes. We find that, even after conditioning on the initial health status, wealth rankings are important determinants of mortality and...

Preferences for transport activities are often considered only in terms of time and money. Whilst congestion in automobile traffic increases costs by raising trip durations, the same is less obvious in public transport (PT), especially rail-based. This has lead many economic analyses to conclude...

Foreign direct investment is of increasing importance in the European Union. This paper estimates the effect of taxes on foreign direct investment (FDI) flows and on three sub-components of these flows for the countries of the en- larged European Union. The model in the spirit of gravity...

Die Ausführungen behandeln die institutionelle Ausgestaltung der Alterssicherung in Deutschland. Im Mittelpunkt steht das Verhältnis zwischen Bevölkerung und Politik. Die Beziehung wird im Rahmen der Principal-Agent-Theorie - mit der Bevölkerung als Principal und der Politik als Agent -...

The long-term plan (LTP) is an important guiding instrument of development. Therefore, this study aimed to analyze the PLP in Brazil to examine the capabilities, resources, the current institutional framework (Secretariat of Strategic Affairs from Presidency of the Republic of Brazil - SAE-PR)...

A Deliberative Public Administration is a political commitment to progressive and progressive transformation of public administration, especially in countries like Brazil, whose accumulated experiments of citizen participation has excelled around the world. Therefore, it is argued in favor of...

The strategic monitoring of public policies is both a great lack and a great need for high Brazilian public administration. Among other reasons for this paradox is discussed in the text issues alienation and resignation, both applied to the institutional context. Then the questioning of the...

This brief essay is about balance and historical context of the emergence, peak and decline of government planning in Brazil, seeking to identify theoretical and empirical elements to justify - perhaps - their recovery since the beginning of the new millennium, as an intrinsic and strategic...